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Yes that will keep you out of poverty. However even middle class wages have stagnated. Historic wage increases for the middle class are over. Most economic growth goes to the rich.

The Democracies have increased taxes enormously but instead of calling them taxes they are calling it debt, and that debt (or tax) will be carried on to the next generation. Good for the politicians, bad for the future of the country. Now the economy is stagnating and this easy to read article explains why. National Debt Tops $18 Trillion: Guess How Much You Owe? - Forbes

The Democracies have increased taxes enormously but instead of calling them taxes they are calling it debt, and that debt (or tax) will be carried on to the next generation. Good for the politicians, bad for the future of the country. Now the economy is stagnating and this easy to read article explains why. National Debt Tops $18 Trillion: Guess How Much You Owe? - Forbes

We have been passing on federal debt from generation to generation for over two hundred years. We will continue to do so for another two hundred years or more. The debt never has to actually be paid back, it can just keep rolling over.

Originally Posted by ocean515

...I'm not interested in debating someone who is trolling for an argument....

Originally Posted by Papa bull

I see a big problem with the idea that whatever the majority wants is OK.

We have been passing on federal debt from generation to generation for over two hundred years. We will continue to do so for another two hundred years or more. The debt never has to actually be paid back, it can just keep rolling over.

That's a very optimistic point of view. The US government can spend $1 trillion more than it takes in in revenue and just continue to 'roll it over'? What could possibly go wrong?

The only places where income equality exists are the same places that millions die of starvation.

Competition and winners/losers actually makes things better for everyone....even the losers. Look at how many ****ing losers we have in the US sucking on the taxpayer tit. Our poverty welfare turds live better lives than most people in the rest of the world.

"Opportunity does not come knocking. It is usually running down the street, you have to chase and tackle it." - Sheriff David Clarke, Milwaukee County.

The only places where income equality exists are the same places that millions die of starvation.

Competition and winners/losers actually makes things better for everyone....even the losers. Look at how many ****ing losers we have in the US sucking on the taxpayer tit. Our poverty welfare turds live better lives than most people in the rest of the world.

From some things I have read, the world is moving towards less work for everyone to do, not more....robotic/mechanized/automated ways to do lots of stuff people do now is being worked on as we speak.

Hell, we already have self-checkout systems at some large stores, that's the cashier job gone (or reduced in number at least).

It might be that in time we simply won't have enough jobs for everyone (is this already the case?) to be working, even if they are capable/willing.

You are absolutely right. But how is the rich making less money going to help?

In the 1950s and 1960s when companies earned new profits these profits were distributed more evenly between the workers and the top executives. Today most new profits go to the rich executives. The solution is to make companies that do the latter pay a higher corporate tax to encourage paying the middle class more when the economy growths.